Insider: Trump has chosen Paul Atkins to serve as SEC Chairman

Bitget2024/12/03 23:25

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According to three informed sources, Trump has chosen Paul Atkins as the chairman of the U.S. Securities and Exchange Commission (SEC). One source revealed that Trump has already contacted Atkins and is waiting for his acceptance. Atkins' spokesperson did not immediately respond to a request for comment.

The current SEC Chairman Gary Gensler will leave office on January 20th. In addition, Atkins also needs confirmation from the Senate unless Trump chooses to make a recess appointment during the Senate's break.

Paul Atkins served as a former SEC commissioner during George W. Bush's administration, known for opposing "imposing heavy fines on companies violating securities laws". He has always supported the crypto industry and currently still works at Patomak Global Partners, an advisory firm he founded in 2009. Meanwhile, since 2017, he has also been serving as co-chairman of Token Alliance, an industry association advocating digital assets and blockchain industries.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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